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BTC may be getting ready for a breakout

S

Scotty Lu

New member
Joined
Aug 29, 2024
Messages
2
Points
1
There is a previous resistance level at about the $64,250 level and for the last 15 days it has been consistently on an uptrend above the 50 moving average forming an ascending triangle on the right. If it confirms a candle or two closing above the green resistance line, you may be looking at a positive breakout on top of 5 or 10%. If that formation fails, BTC would drop quite a bit.
 
Ms. Marilyne

Ms. Marilyne

New member
Joined
Aug 29, 2024
Messages
2
Points
1
Everyone aboard the UPtober train.

Always helps doing a steady DCA in bitcoin to not get shaken out by short term price movements.
 
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